Cementos Pacasmayo S.A.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 19, 2023
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Cementos Pacasmayo S.A.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was PEN 43.43 million compared to PEN 47.98 million a year ago. Basic earnings per share from continuing operations was PEN 0.1 compared to PEN 0.11 a year ago.
For the six months, net income was PEN 86.93 million compared to PEN 93.7 million a year ago. Basic earnings per share from continuing operations was PEN 0.2 compared to PEN 0.22 a year ago.
Pacasmayo Cement Corp, formerly Cementos Pacasmayo SAA, is a Peru-based company principally engaged in the elaboration and manufacture of cements, lime, aggregates, cement blocks and bricks, pre-mixed concrete and sale of construction materials. The Company is active in the development of traditional and blended cement, ready-mix concrete, mortars, quicklime, concrete blocks, diatomite bricks and aggregates, among others. It manages all kind of mining activities exploration, prospecting, development, exploitation, commercialization, general work, beneficiation and transportation. Additionally, the Company provides various services and construction solutions, such as concrete pumping, metal shuttering systems, pavement service and delivery of construction materials. The Company owns a number of subsidiaries around American Latin and other localizations.